South Dakota Investment Council held its stake in M/I Homes, Inc. (NYSE:MHO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,300 shares of the construction company’s stock at the end of the second quarter. South Dakota Investment Council owned approximately 0.07% of M/I Homes worth $494,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MHO. Louisiana State Employees Retirement System lifted its position in shares of M/I Homes by 2.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 10,100 shares of the construction company’s stock valued at $247,000 after buying an additional 200 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of M/I Homes by 74.4% during the 1st quarter. Russell Investments Group Ltd. now owns 21,081 shares of the construction company’s stock valued at $516,000 after buying an additional 8,990 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of M/I Homes by 4.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 34,629 shares of the construction company’s stock valued at $848,000 after buying an additional 1,520 shares in the last quarter. Comerica Bank lifted its position in shares of M/I Homes by 4.1% during the 1st quarter. Comerica Bank now owns 27,265 shares of the construction company’s stock valued at $753,000 after buying an additional 1,074 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new position in shares of M/I Homes during the 1st quarter valued at approximately $490,000.

MHO has been the topic of a number of recent analyst reports. BidaskClub lowered M/I Homes from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research lowered M/I Homes from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, ValuEngine lowered M/I Homes from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $30.33.

M/I Homes, Inc. (NYSE MHO) opened at 24.93 on Friday. The firm has a 50-day moving average price of $25.14 and a 200-day moving average price of $26.26. The stock has a market cap of $625.84 million, a price-to-earnings ratio of 11.79 and a beta of 1.07. M/I Homes, Inc. has a one year low of $20.40 and a one year high of $29.42.

M/I Homes (NYSE:MHO) last posted its earnings results on Wednesday, July 26th. The construction company reported $0.73 EPS for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. The company had revenue of $456.87 million for the quarter, compared to the consensus estimate of $456.56 million. M/I Homes had a return on equity of 12.99% and a net margin of 3.57%. M/I Homes’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.52 earnings per share. On average, equities analysts predict that M/I Homes, Inc. will post $3.00 earnings per share for the current year.

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About M/I Homes

M/I Homes, Inc is a builder of single-family homes. The Company consists of two operations: homebuilding and financial services. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services operations segments. The Company and its subsidiaries are engaged primarily in the construction and sale of single-family residential homes in 15 markets: Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St.

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Institutional Ownership by Quarter for M/I Homes (NYSE:MHO)

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